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From Gold to BUIDL: How Rents Are Becoming the Center of Gravity of Global Finance

Lead: The tokenization of real-world assets has quadrupled since the start of 2025, reaching approximately $33.5 billion. But the figure…

3 weeks ago

Dollar-backed stablecoins, neo-mercantilist regime, and energy constraints. Implications for digital assets and investment strategies

Dollar-backed stablecoins have become a dual-use instrument of U.S. economic power, extending the dollar's reach into markets where correspondent banking…

4 weeks ago

Nous entrons dans une phase de dislocation asymétrique où la valeur refuge migre de la dette souveraine vers l’actif physique

I. EXÉCUTIF. L’ANOMALIE QUANTIFIÉE DU VIX ET DE L'OR QUI SONT EN DIVERGENCE ABSOLUE Le VIX est à son plus…

9 months ago